TGSHF (Mercanto Holdings) Interest Coverage: 127.00 (As of Apr. 2026) — 958% Above Median


TGSHF Mercanto Holdings Inc TGSHF
34 GF Score
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What is Mercanto Holdings Interest Coverage?

Mercanto Holdings TGSHF 34 Interest Coverage is 127.00 as of Apr. 2026, which is 958% above its 10-year median of 12.00. GuruFocus rates TGSHF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 684 Drug Manufacturers companies, Mercanto Holdings ranks worse than 146198.68% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Mercanto Holdings's Operating Income for the three months ended in Apr. 2026 was $0.13 Mil. Mercanto Holdings's Interest Expense for the three months ended in Apr. 2026 was $-0.00 Mil. Mercanto Holdings's interest coverage for the quarter that ended in Apr. 2026 was 127.00. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Mercanto Holdings's Interest Coverage or its related term are showing as below:

TGSHF' s Interest Coverage Range Over the Past 10 Years
Min: 10.33   Med: 12   Max: 12
Current: 10.33


TGSHF's Interest Coverage is not ranked
in the Drug Manufacturers industry.
Industry Median: 12.765 vs TGSHF: 10.33

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Mercanto Holdings  (OTCPK:TGSHF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Mercanto Holdings Interest Coverage Related Terms


Mercanto Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mercanto Holdings's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Mercanto Holdings Interest Coverage Chart

Mercanto Holdings Annual Data
Trend Jul21 Jul22 Jul23 Jul24 Jul25
Interest Coverage
0.00 0.00 0.00 11.67 0.00

Mercanto Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 No Debt 0.00 129.00 127.00

TGSHF vs ZTS, UTHR: Interest Coverage Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Mercanto Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercanto Holdings Interest Coverage vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Mercanto Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mercanto Holdings's Interest Coverage falls into.


TGSHF
34GF Score
Mercanto Holdings Inc TGSHF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercanto Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mercanto Holdings's Interest Coverage for the fiscal year that ended in Jul. 2025 is calculated as

Here, for the fiscal year that ended in Jul. 2025, Mercanto Holdings's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.30 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Mercanto Holdings did not have earnings to cover the interest expense.

Mercanto Holdings's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, Mercanto Holdings's Interest Expense was $-0.00 Mil. Its Operating Income was $0.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.04 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2026 )/Interest Expense (Q: Apr. 2026 )
=-1*0.127/-0.001
=127.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 127.00 mean?
Mercanto Holdings (TGSHF) has a Interest Coverage of 127.00 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mercanto Holdings and its competitors. This is 958% above median its historical median of 12.00. Over the past decade, Mercanto Holdings' Interest Coverage has ranged from 10.33 to 12.00. According to the industry distribution chart, Mercanto Holdings ranks #999999 out of 684 companies in the Drug Manufacturers industry.
Is Mercanto Holdings' Interest Coverage too high?
Mercanto Holdings' current Interest Coverage of 127.00 is 958% above median its 10-year median of 12.00. Over the past 10 years, this metric has ranged from a low of 10.33 to a high of 12.00. The Drug Manufacturers industry median Interest Coverage is 12.77. Mercanto Holdings' value of 127.00 is 894.9% above this industry median. Based on the distribution chart, Mercanto Holdings ranks #999999 out of 684 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Mercanto Holdings has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Mercanto Holdings' Interest Coverage compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Mercanto Holdings ranks #999999 out of 684 companies for Interest Coverage. This places Mercanto Holdings in the lower half of its industry. The industry median Interest Coverage is 12.77. Mercanto Holdings' value of 127.00 is 894.9% above this benchmark. Historically, Mercanto Holdings' own Interest Coverage has ranged from 10.33 to 12.00 over the past decade. While the company's 10-year median is 12.00 vs. the industry median of 12.77, Mercanto Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Drug Manufacturers company?
The median Interest Coverage among Drug Manufacturers companies is 12.77, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercanto Holdings's current Interest Coverage of 127.00 is 894.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mercanto Holdings and its competitors. For the Drug Manufacturers industry, the median Interest Coverage is 12.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercanto Holdings's current Interest Coverage is 127.00, which is 958% above median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercanto Holdings stock overvalued right now?
Mercanto Holdings (TGSHF) has a current Interest Coverage of 127.00. The current Interest Coverage is 127.00, which is 958% above median its 10-year median of 12.00 and 894.9% above the Drug Manufacturers industry median of 12.77. Mercanto Holdings' overall GF Score™ is 34/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Mercanto Holdings (TGSHF), the current Interest Coverage is 127.00 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mercanto Holdings Business Description

Other Exchanges MUSH:Canada
Address 324 Marie-Curie, Vaudreuil, QC, CAN, J7V 5V5
Mercanto Holdings Inc operates a portfolio of brands that include traditional cannabis and beverage products. The company exists to promote the use of mushrooms through its brands; The company offers quality products that promote health, recreation, and well-being. The portfolio of the company includes different cannabis products, probiotic, functional mushroom beverages, and others.
34GF Score

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